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. >>> as we speak, congressional leaders and president obama are meeting at the white house as they work on last-minute negotiations to try to avoid the fiscal cliff. our eamon javers also reported just moments ago that treasury secretary timothy geithner is at the meeting as well. we're going to monitor that situation for you, and, of course, bring you all the latest developments on that. in the meantime, oil is up for the week, but ending on a down note today. cnbc's bertha coombs is at the center of all the action at the nymex. >> reporter: we're seeing oil back fractionally positive at this hour with thoseeadl crossing, but overall it was a somewhat down day after we got a disappointing report from the eia inventories delayed because of the christmas holiday. it was a smaller than expected drawdown in crude stocks, and also notable. we saw a $2 million barrel build when it came to crude stocks at the nymex hub in oklahoma. now at a record 49 million barrels to end the year. ironically we do have wti nymex up for the week, and it's actually been up for the last three weeks. part of th
. >>> as we speak, congressional leaders and president obama are meeting at the white house as they work on last-minute negotiations to try to avoid the fiscal cliff. our eamon javers also reported just moments ago that treasury secretary timothy geithner is at the meeting as well. we're going to monitor that situation for you, and, of course, bring you all the latest developments on that. in the meantime, oil is up for the week, but ending on a down note today. cnbc's bertha coombs is...
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president obama is going to meet -- >> did you say with a straight face? >> we've got to bring people in. andrew, ask again, whether it was keon or keon. that's why we're -- you've been nailing the ed. >> ed. >> nailing it. nailing ed. and john. >> nailed that. >> taft. >> unbelievable. >> here we go again. what happened? there it is. all right. the prompter guy is confused. president obama is going to meet with top congressional leaders at the white house this afternoon, in hopes of making progress. still, on the fiscal cliff. we'll see. in addition the house is coming back in session on sunday. u.s. equity futures. let's check them out right now. gotten worse. they were at 40, 60, now 80. down 80 and we were -- i don't know whether 150 was the bottom or where we go this time because we did hit that yesterday. we were down 150. closed down 18. so this would translate to being down about 100 versus when we really started the markets started taking it in earnest that we will go over. we'll see. there's what's happening in the asian markets. they're up, and
president obama is going to meet -- >> did you say with a straight face? >> we've got to bring people in. andrew, ask again, whether it was keon or keon. that's why we're -- you've been nailing the ed. >> ed. >> nailing it. nailing ed. and john. >> nailed that. >> taft. >> unbelievable. >> here we go again. what happened? there it is. all right. the prompter guy is confused. president obama is going to meet with top congressional leaders at the...
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with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we do know that the house of representatives has been told that the members there should be back in town here in washington expecting votes on sunday at 6:30 p.m. on sunday and we don't be what that will be and we should get more clarity on that tomorrow if there is, in account fa, a meeting at the white house we m
with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a...
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. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher who is pretty upset. coming up, montana's governor brian schweitzer is going to weigh in. >> looks like the meeting may have broken up. there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get eamon javers to get in front of the camera wh
. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher...
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president obama set to meet with congressional leaders today, 3:00 eastern time, in an effort to avert going over the fiscal cliff. with only three days to go, our next guest says it's not falling over the cliff we should be worried about, it's how much the landing is going to hurt. brian mcginnis is the head of the campaign to fix the debt, president of the committee for responsible budget and joins us this morning from washington. maya, good morning. what do you mean by that? what are you trying to say when you talk about the landing hurting the most? >> well, the point is that the fiscal cliff is a deadline and it's an important deadline that's there to help us focus on getting a big debt deal. the sad state of play is that it appears they're not going to be successful in that. they're not going to be able to replace the cliff with a big, comprehensive debt deal that's big enough to help fix the fiscal challenges of the country. but what's even additionally troubling now is that we may actually go over the cliff. and the fact that we are going to, because of partisan fighting, and a
president obama set to meet with congressional leaders today, 3:00 eastern time, in an effort to avert going over the fiscal cliff. with only three days to go, our next guest says it's not falling over the cliff we should be worried about, it's how much the landing is going to hurt. brian mcginnis is the head of the campaign to fix the debt, president of the committee for responsible budget and joins us this morning from washington. maya, good morning. what do you mean by that? what are you...
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>> president obama is meeting with high-profile chief executive officers today. >> we don't legislate, but we know a lot about what the consequences are of the failure to reach an agreement. >> we're just here to support doing the right thing. putting america back to work. >> we've got to make sure that taxes don't go up on middle-class families. our economy remains strong. that we're creating jobs. >> the time for the president and democrats to get serious about the spending problem that our country has. >> is the administration prepared to go over the fiscal cliff? >> absolutely. >> how about we stop all the press conferences, statements and speeches, stop the personal and political attacks. >> people have a lot of different views. i'm willing to compromise a little bit. >> the president keeps opening doors for the speaker to go through. and with this action that the speaker announced, it slammed the door in the president's face. >> time's running short. i'm going to do everything i can to protect as many americans from an increase in taxes as i can. >> are you guys just incompetent
>> president obama is meeting with high-profile chief executive officers today. >> we don't legislate, but we know a lot about what the consequences are of the failure to reach an agreement. >> we're just here to support doing the right thing. putting america back to work. >> we've got to make sure that taxes don't go up on middle-class families. our economy remains strong. that we're creating jobs. >> the time for the president and democrats to get serious about...
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so, why isn't that the way it's going to be playing out and the meeting by the house on sunday, just optic. obama coming back, just optics. >> well, like i said a couple of minutes ago, it's the relief rally versus the negative impact of the fiscal cliff. in other words, the recession their forces in the cliff, so, you picture two, like a sea change. the relief rally where it's going to happen, when we get a deal. then you have the recession their forces of the cliff right after that, so, you can see those two forces. i've been looking -- >> stocks can trade up during a recession. not when you're going into it. as you see going out of it. >> but it's still $130 billion of new taxes that are hitting the economy. maybe 150. i'm looking at two-month vices future versus the eight-month and i've been tracking it. track the money flow. so, as the money, if the money is coming out of the eight-month into the two-month, that's a real risk offside. as the money is coming out of the two-month and into the eight-month, back to the november 16th lows, the money was piling out into the eight-mont
so, why isn't that the way it's going to be playing out and the meeting by the house on sunday, just optic. obama coming back, just optics. >> well, like i said a couple of minutes ago, it's the relief rally versus the negative impact of the fiscal cliff. in other words, the recession their forces in the cliff, so, you picture two, like a sea change. the relief rally where it's going to happen, when we get a deal. then you have the recession their forces of the cliff right after that, so,...
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>> president obama is meeting with high-profile officers today -- >> we don't speculate but we know the consequences of failing to reach an agreement. >> we're here to support doing the right thing and putting america back to work. >> we've got to make sure that taxes don't go up on middle-class families. our economy remains strong. we're creating jobs. >> it's time for the president and democrats to get serious about the spending problem that our country has. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. >> how about we stop the press conferences, statements, speeches, stop the personal and political attacks? >> people have different views. i'm willing to compromise. >> the president keeps opening doors for the speaker to go through. with the action that the speaker announced, it slammed the door in the president's face. >> time's running short. i'm going to do everything i can to protect as many americans from an increase in taxes as i can. >> are you guys just incompetent or what? i mean, if you can't do this, if you can't do what the american peop
>> president obama is meeting with high-profile officers today -- >> we don't speculate but we know the consequences of failing to reach an agreement. >> we're here to support doing the right thing and putting america back to work. >> we've got to make sure that taxes don't go up on middle-class families. our economy remains strong. we're creating jobs. >> it's time for the president and democrats to get serious about the spending problem that our country has....
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>> president obama is meeting with high profile chief executive officers today. >> we don't legislate but we know a lot about the consequences of failing to reach an agreement. >> we're here to support putting america back to work. >> we have to make sure that taxes don't go up on middle class families, that we're creating jobs. >> it's time for the president and democrats to get serious about the spending problem that our country has. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. >> how about we stop all the press conferences, statements, speeches. stop the personal and political attacks. >> people have a lot of different views. i'm willing to compromise a little bit. >> the president keeps opening doors for the speaker to go through and the action that the speaker announced, he is slamming the door in the president's face. >> time is running short. i'm going to do everything i can to protect as many americans from an increase in taxes as i can. >> are you guys just incompetent or what? i mean, if you can't do this, if you can't do what the america
>> president obama is meeting with high profile chief executive officers today. >> we don't legislate but we know a lot about the consequences of failing to reach an agreement. >> we're here to support putting america back to work. >> we have to make sure that taxes don't go up on middle class families, that we're creating jobs. >> it's time for the president and democrats to get serious about the spending problem that our country has. >> is the...
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president obama issued a warning on "meet the press." >> on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up. >> but after it was all said and done, leaders on the senate floor couldn't get anything done, at least not yet. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know, i'm willing to get this done, but i need a dance partner. >> this morning, we've been trying to come up with some counteroffice to my friend's proposal. we haven't been able to do that. i've had a number of conversations with the president and at this stage, we're not able to make the counteroffer.
president obama issued a warning on "meet the press." >> on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting...
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president obama will meet with congressional leaders again today i
president obama will meet with congressional leaders again today i
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house republicans have ended their meetings for the night. we'll find out tomorrow whether they've made any progress in their talks. any deal would have to get enough votes to pass the senate and the house. president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether people are actually shook up enough by what happened here, that it does not become another one of these routine episodes where it gets a lot of attention for a couple weeks and then it drifts away. it certainly won't feel like that to me. >> the president says the law he's pushing will address assault style rifles, high capacity magazines and background checks. >>> the fiscal cliff, it's not the only deadline pressing on congress. a five-year farm subsidies bill that expired in september was never renewed. house and senate members did come up with a short term extension to prevent prices from going through the roof i
house republicans have ended their meetings for the night. we'll find out tomorrow whether they've made any progress in their talks. any deal would have to get enough votes to pass the senate and the house. president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether people are actually shook up enough by what happened here,...
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s and also, late word that president obama will meet with congressional leaders tomorrow. keeping 'em honest, with both sides caught in a trap of their own making? we'll go live to the white house and capitol hill for the latest. and take a look at this, a tornado from the storm system that created holiday havoc across the country and it's not over yet. those stories plus the top ridiculist of 2012. it's all at the top of the hour, john. zp >> thank you, randi. we'll be watching. appreciate it. >>> our fifth story, outfront tonight, the viral political videos of 2012. now, there was no shortage of partisan noise today, from political ads to the countless stump speeches. but we here at "outfront" have picked the top 5 videos that really got folks talking around the water cooler. here to them down, will cain, roland martin, pete dominick, all-star contributors. we're going to have some fun with this. viral videos really did define this campaign. often it's a shrilip on the stu that gets picked up. let's listen to one of obama's slip. you didn't build that. >> someone helped
s and also, late word that president obama will meet with congressional leaders tomorrow. keeping 'em honest, with both sides caught in a trap of their own making? we'll go live to the white house and capitol hill for the latest. and take a look at this, a tornado from the storm system that created holiday havoc across the country and it's not over yet. those stories plus the top ridiculist of 2012. it's all at the top of the hour, john. zp >> thank you, randi. we'll be watching....
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with president obama, trying to strike a deal with just four days to go. getting lost in the rhetoric are everyday americans like my next guest, she says washington needs to know how important the fiscal cliff is to those who are out of work, specifically to the 2 million americans who will lose their federal unemployment benefits an average of about $300 a week if no deal is reached. >> good morning. >> you were laid off a year ago. tell us your story. >> well, yes, i was laid off a year ago around this time in december. and i received employment so i've been trying to look for a job which has been very difficult, on the internet every day. i also tried to start my own small business in the same field, janitorial services, which the whole thing of not having any money has caused a great hardship because i'm unable now to finance my business as well or get a small business loan because i don't have a job. >> $300, i just want to jump in, i apologize for cutting you off $300 a week doesn't get you very far to the point of financing a business. how much did
with president obama, trying to strike a deal with just four days to go. getting lost in the rhetoric are everyday americans like my next guest, she says washington needs to know how important the fiscal cliff is to those who are out of work, specifically to the 2 million americans who will lose their federal unemployment benefits an average of about $300 a week if no deal is reached. >> good morning. >> you were laid off a year ago. tell us your story. >> well, yes, i was...
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president obama appeared today on nbc's "meet the press" and said the cuts in spending need to be fairly distributed. >> what i'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of seniors making students pay a higher student loan rates, ruining our capacity to invest in things like basic research that help our economy grow. >> in news overseas the bodies of the dead are being carried away in syria today. at least 397 people were killed saturday. that is the deadliest day so far in the 21-month long civil war. another 52 died today. the joint u.n. arab league envoy said the situation is rapidly deteriorating but that a solution is still possible. >>> in massachusetts boston's mayor lifted a snow emergency a little earlier today. more than a foot of snow fell on several towns across that state overnight. crews are clearing tons of snow in the gillette stadium now preparing for the patriots/dolphins game this afternoon. >>> keep it here as the clock ticks to the fiscal cliff. we are live on capitol hill and at the white house. plus we'll be back wi
president obama appeared today on nbc's "meet the press" and said the cuts in spending need to be fairly distributed. >> what i'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of seniors making students pay a higher student loan rates, ruining our capacity to invest in things like basic research that help our economy grow. >> in news overseas the bodies of the dead are being carried away in syria today. at least 397 people were...
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and while manufacturers in retail stores meet work hard to meet the demand, president obama is stepping up his campaign for new gun regulation and making it a top priority in 2013. brianna keilar is at the white house. what do you think new gun control regulation is going to be an uphill battle for the president? >> reporter: that's the thought. president obama addressed this. he admitted this is something that's difficult and has been historically to get through congress because there are a number of democrats as well as republicans who support gun rights. but he said for him at least he felt like what happened in newtown was different in that it changes things. he also said the day of the shooting in connecticut that it was the worst day of his presidency. he said that something fundamental has to change in america. here's what else he said on "meet the press." >> i'm going to be putting forward a package and i'm going to be making an argument to the american people about why this is important and why we have to do everything we can to make sure that something like what happened at sa
and while manufacturers in retail stores meet work hard to meet the demand, president obama is stepping up his campaign for new gun regulation and making it a top priority in 2013. brianna keilar is at the white house. what do you think new gun control regulation is going to be an uphill battle for the president? >> reporter: that's the thought. president obama addressed this. he admitted this is something that's difficult and has been historically to get through congress because there...
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president obama will hold a critical meeting at the white house. and blame game is down right nasty. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the chopping block. four days remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to hap
president obama will hold a critical meeting at the white house. and blame game is down right nasty. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the...
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that could change today, when president obama holds a meeting with all four congressional leader at the white house. we're not saying you should bet on it. let's bring in ron brownstein for "the national journal." >> good morning. >> good morning. we're talking about this whole idea of a fiscal cliff was absolutely not supposed to happen. >> this was a machine that the two sides built to give guy them more will power to do what they didn't want to do to begin with. which is compromise. they could not reach a deal to destabilize the federal government's long-term finances so they built this to put more pressure on themselves to reach a deal now. and even this does not seem to be enough to do it, to force them to make the difficult concessions that are required for the two sides to come together this is indignant of a broader problem we face of a red coalition and blue coalition that reflect very different visions of american and show less and less cooperation. we are looking at a dividing government for the next two years and more likely next four years. if they can't make an agreement o
that could change today, when president obama holds a meeting with all four congressional leader at the white house. we're not saying you should bet on it. let's bring in ron brownstein for "the national journal." >> good morning. >> good morning. we're talking about this whole idea of a fiscal cliff was absolutely not supposed to happen. >> this was a machine that the two sides built to give guy them more will power to do what they didn't want to do to begin with....
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here's president obama after his meeting with top political leaders on friday. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until last minute. well, we're now at the last minute. the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> and he apparently wasn't kidding. we put out a call for our cnn ireporters to send us their messages to washington and, yes, we got a ton of responses. quite a few of you were frustrate would the lack of action in washington. this is missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incredibly out of touch you are with the way people really live in this country. you are off in la la land and everybody is saying how you are acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and ac
here's president obama after his meeting with top political leaders on friday. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until last minute. well, we're now at the last minute. the american people are not going to have any patience for a politically self-inflicted...
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late word that president obama will meet tomorrow with congressional leaders for one more shot at keeping the country from going over the fiscal cliff. before we get the latest on that, though, let's clear one thing up. everyone talks about the cliff as if it's simply materialized from out of the blue. keeping them honest, that is just not so. the package of drastic budget cuts and tax increases that goy into effect tuesday morning are totally manmade, totally avoidable, and all sides know it. it's a kind of legislative dooms day machine written by the men and women who work here and signed by president obama. the idea being to make it so painful not to cut a deal on taxes and spending that they would be forced to cut a deal on taxes and spending. except keeping them honest, they haven't done it. even though they knew the stakes, they knew the deadline, and both sides promised that this time things would be different. >> we need to return to fiscal responsibility. >> how is it that we're going to be able to do that? getting our fiscal house in order. >> the american people have spoken lou
late word that president obama will meet tomorrow with congressional leaders for one more shot at keeping the country from going over the fiscal cliff. before we get the latest on that, though, let's clear one thing up. everyone talks about the cliff as if it's simply materialized from out of the blue. keeping them honest, that is just not so. the package of drastic budget cuts and tax increases that goy into effect tuesday morning are totally manmade, totally avoidable, and all sides know it....
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president obama in that meeting apparently told them try and work something out. and reid left and made a statement last night, as did mcconnell, that they're going to try and work something out. the best-case scenario is that sometime tomorrow they are able to put it to the senate and then it quos to the house, and then there's a real bill that sounds like a compromise. it's not the grand bargain we were all looking for. it will be some kind of deal to stop going over the cliff. option two is what we're talking about here, that those two can't get a deal and they put something forward and everybody in the senate and subsequently hopefully in the house gets to say yea or no to it. you're on the record. if you go over the cliff, everybody know where is you stood in trying to prevent that from happening. >> do you think the average american, all of us, makes heads or tails -- >> no. >> -- out of what this impact will be on our wallets? >> no. first of all, it's stupid. it's stupid that we're here. there's been nothing that has happened economically that we've been a
president obama in that meeting apparently told them try and work something out. and reid left and made a statement last night, as did mcconnell, that they're going to try and work something out. the best-case scenario is that sometime tomorrow they are able to put it to the senate and then it quos to the house, and then there's a real bill that sounds like a compromise. it's not the grand bargain we were all looking for. it will be some kind of deal to stop going over the cliff. option two is...
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. >> that is senator mitch mcconnell reacting after a meeting after which president obama charged him and the majority leader to come up with a deal to troy to avoid falling over the fiscal cliff. want to bring in brian monroe, editor of cnn politics.com from san antonio, texas. brian, we all know what's at stake, especially that immediate 2% payroll tax increase in everyone's first paycheck of the year. it seems that the president used his bully pulpit to strongly encourage senators to get to work by sending a not so veiled message to themand their constituents. let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy's growing. but sustaining that trend is going to
. >> that is senator mitch mcconnell reacting after a meeting after which president obama charged him and the majority leader to come up with a deal to troy to avoid falling over the fiscal cliff. want to bring in brian monroe, editor of cnn politics.com from san antonio, texas. brian, we all know what's at stake, especially that immediate 2% payroll tax increase in everyone's first paycheck of the year. it seems that the president used his bully pulpit to strongly encourage senators to...
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president obama meeting with congressional leaders. that's going to happen this afternoon. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> we are just four days away from the tax increases and the automatic spending cuts that are going to affect everybody's finances. the president has now called for congressional leaders to come to the white house in search of a last-minute deal to avoid the so-called fiscal cliff, right? the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do
president obama meeting with congressional leaders. that's going to happen this afternoon. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any...
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at the white house president obama will meet with with democratic and republican leaders of congress. that's at 3:00 p.m. eastern time. it's their first face-to face fiscal discussions since before thanksgiving. hopes are not high for a deal, but either way, you'll hear the news first here on cnn. >>> there's no doubt about it. eva longoria is one of hollywood's leading ladies, a big star with a big heart for charitable giving, focusing on one very close to her heart. >> i'm being pulled in a million different directions with supporting aids in africa or sex trafficking in thailand or dolphins in japan. and you can't do everything. so in thinking what do i really want to do? >> reporter: to answer that question, you could say eva longoria looked in the mirror. >> i knew i wanted it to be with women and in the latina community. >> reporter: known for playing the vixen on "desperate housewives" longoria had humble beginnings born to mexican-american parents. >> i wasn't the first to go to college. >> it wasn't a walk in the park. you had to work. >> i was flipping burgers, i was an assi
at the white house president obama will meet with with democratic and republican leaders of congress. that's at 3:00 p.m. eastern time. it's their first face-to face fiscal discussions since before thanksgiving. hopes are not high for a deal, but either way, you'll hear the news first here on cnn. >>> there's no doubt about it. eva longoria is one of hollywood's leading ladies, a big star with a big heart for charitable giving, focusing on one very close to her heart. >> i'm...
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president obama is back in washington and plans to meet with congressional leaders tomorrow. and house members have been told to return to the capital sunday. but there's still no evidence this standoff is anywhere close to being resolved. here's our cnn senior congressional correspondent, dana bash. >> reporter: and candy, you know that even speaks to what is going on here, which is virtually nothing. jessica yellin reported in the last hour that our ted barrett, our senate producer, saw harry reid go into mitch mcconnell's office. well, it turns out that reid walked back out, and told ted barrett that they did not talk about the fiscal cliff at all. that sort of defies logic, but so it goes, that's what he said. and it sort of speaks to the warning that i got earlier this week, which is that most people here think that if anything is going to get done before the fiscal cliff deadline, that it won't happen until the pressure is on, on or around december 31st. that's practically and probably why what we saw today was suspended animation. this is one place in washington free o
president obama is back in washington and plans to meet with congressional leaders tomorrow. and house members have been told to return to the capital sunday. but there's still no evidence this standoff is anywhere close to being resolved. here's our cnn senior congressional correspondent, dana bash. >> reporter: and candy, you know that even speaks to what is going on here, which is virtually nothing. jessica yellin reported in the last hour that our ted barrett, our senate producer, saw...
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obama met with top leaders from the both sides of the aisle in a rare meeting that lasted over an hour. afterward, he spoke about the importance of the deal for the u.s.'s still recovering economy. >> economists, business leaders, all think we're poised to grow in 2013. as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> senate minority leader mitch mcconnell also spoke after their meeting expressing home that the weekend would bring a deal. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation i can make to my conference and the majority leader can make to his conference. and we'll be working hard to try to see if we can get there in the next 24 hours. i'm hopeful and optimistic. >> we're watching that story closely. >>> protesters demanding justice for the young woman who has died now after she was brutally beaten and gang raped on a bus in new delhi earlier this month. our cnn reporters on the ground tell us tod
obama met with top leaders from the both sides of the aisle in a rare meeting that lasted over an hour. afterward, he spoke about the importance of the deal for the u.s.'s still recovering economy. >> economists, business leaders, all think we're poised to grow in 2013. as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> senate minority leader mitch mcconnell also spoke after their meeting expressing home that the weekend...
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he's on nbc's "meet the press." mr. obama is expected to call for an immediate vote by congress on a scaled-back plan that would only extend middle class tax breaks and unemployment benefits if the congressional negotiations fail. >>> fears over the fiscal cliff are weighing heavily on u.s. stocks, which posted five straight days of losses. the dow had a triple-digit loss on friday. the nasdaq and s&p 500 entered the day and week in the red. i spoke with one wall street trader about mow a deal could help the markets get back in the green. >> listen, if we get a deal and we get a deal that's substantive and realistic and that the market believes, i think the market will rally back and certainly rally back to the 1425, 1440 level. they won't go back it to 1475 unless they pull the complete rabbit out of the hat. i don't think that will happen. the market will certainly rally. you can feel it. every time one comes out and is optimistic, you see the market try to take back some of the losses because it wants a settlement an
he's on nbc's "meet the press." mr. obama is expected to call for an immediate vote by congress on a scaled-back plan that would only extend middle class tax breaks and unemployment benefits if the congressional negotiations fail. >>> fears over the fiscal cliff are weighing heavily on u.s. stocks, which posted five straight days of losses. the dow had a triple-digit loss on friday. the nasdaq and s&p 500 entered the day and week in the red. i spoke with one wall street...
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go up and meet the swing states, go to their afrsoffices, ask fo their vets. susan collins, mark warner on the democratic side. those are the folks that will provide the centrist core that we need to have a governing coalition in this country so we can move forward. >> let's talk about how consumers will be affect the here. the federal reserve is currently keeping rates at historic lows trying to encourage boroughing's if we go over the cliff, right now banks are hardly lending as much it's a they really should be. what epps can lse can be done t banks to loan, especially if we do go over the cliff? >> you make deposits, make loans. into a certain economy, at low rates, that's a challenges thing. it does make you risk. i think you know -- i actually think letting rates bump up a little bit. let the market determine, and i think the market would put the rates up a little bit, it could actually help lending. it's counter intuitive, and i think more borrowers will come in if they thought rates would go up. i don't think it's well-intentioned but i think it's hurt
go up and meet the swing states, go to their afrsoffices, ask fo their vets. susan collins, mark warner on the democratic side. those are the folks that will provide the centrist core that we need to have a governing coalition in this country so we can move forward. >> let's talk about how consumers will be affect the here. the federal reserve is currently keeping rates at historic lows trying to encourage boroughing's if we go over the cliff, right now banks are hardly lending as much...
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does it meet the presidential test to you? >> president obama is a family man. he's got his two beautiful daughters. i have my two beautiful sons. there are so many families that want beautiful kids and that need families. i think, you know, president obama would be my hero. would be my hero if he would do what a dad needs to do. >> thank you for coming in and sharing some of your story. we wish all of those families waiting out there anxiously, we hope it somehow gets worked out. >> thank you so much. >> boys, thank you for kwoming in. >>> police are now searching for a woman who witnesses say pushed a man into the path of a oncoming subway train. it's the second such killing in a month. >>> a horrifying death that may give chills to anyone who rides the subway and for new yorkers, it's a gruesome repeat of a crime that shockeded it city. cnn's poppy harlow has the story. poppy? >> reporter: candy, twice this month someone is pushed from a new york city subway platform in front of an oncoming train and killed. it happened right on this platform on thursday. >>
does it meet the presidential test to you? >> president obama is a family man. he's got his two beautiful daughters. i have my two beautiful sons. there are so many families that want beautiful kids and that need families. i think, you know, president obama would be my hero. would be my hero if he would do what a dad needs to do. >> thank you for coming in and sharing some of your story. we wish all of those families waiting out there anxiously, we hope it somehow gets worked out....
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president obama says he's modestly optimistic about the prospects for a deal after meeting with top political leaders. and now it's up to the senate to come up with and agree upon a plan. senate majority leader harry reid and mitch mcconnell say they are hoping to have a plan ready for a vote when both houses reconvene on sunday. >>> in michigan, republican governor rick snyder signed a new abortion law for his state. the controversial measure requires any clinic that performs more than 120 abortions a year to become a quote licensed free standing surgical outpatient facility. it also takes steps to ensure pregnant women are not being coerced into a decision and includes rules that a physician must follow to, quote, properly and respectfully dispose of fetal remains. supporters say the bill protects the patients. critics argue it will force clinics to shut down and restrict access for women. >>> a tail of two cities as chicago's homicide rate increases topping 500 murders in the year, by the way. new york city's on pace for the lowest murder rate since 1963. that is when they began keeping re
president obama says he's modestly optimistic about the prospects for a deal after meeting with top political leaders. and now it's up to the senate to come up with and agree upon a plan. senate majority leader harry reid and mitch mcconnell say they are hoping to have a plan ready for a vote when both houses reconvene on sunday. >>> in michigan, republican governor rick snyder signed a new abortion law for his state. the controversial measure requires any clinic that performs more...
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on "meet the press." a recent poll shows that more american will hold congressional republicans responsible for going over the fiscal cliff instead of the president. 48%-37% there. has making his case to the public either on recent trips or with his upcoming appearance, has that really given president obama the leverage in this debate? >> i certainly think it has helped because what this president has been good at i think throughout his tenure through the white house and definitely through the campaign is making the issues that he is fighting for and that he has been talking about relevant to everyday americans. and he has been asking for those same americans to make their voices heard with their congressional leaders. and as we all know, there is no one more important to congressional leaders than their own constituents back home. and so when the president asked constituents to let congressional leaders know what it's going to mean to them if their taxes rise on january 1, then leaders are going to hear
on "meet the press." a recent poll shows that more american will hold congressional republicans responsible for going over the fiscal cliff instead of the president. 48%-37% there. has making his case to the public either on recent trips or with his upcoming appearance, has that really given president obama the leverage in this debate? >> i certainly think it has helped because what this president has been good at i think throughout his tenure through the white house and...
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sunday morning with an interview op"meet the press." we'll take a look. >>> from the david petraeus scandal to the trayvon martin tragedy. the media's performance in 2012, we'll have a report card. i'm howard kurtz and this is "reliable sources." >>> it was a striking moment when david gregory brandished that high ammunition magazine last sunday so much so we played it on this program. but that braumpted a d.c. police whether he violated the city's gun laws, one controversy that they fuind under assault. and eric who blogs about the media for "washington post." simple question, eric, should david gregory be prosecuted? >> well, i think he should be investigated. i'll leave that up to the prosecutors. but i definitely do believe unlike greta van susstrn and unlike you. >> and the "wall street journal" page. >> it turns out the district of columbia and lawmakers decided that any magazine in excess of ten rounds is a danger to the p public. >> you don't see this as a waste of time on the police's part. a lot of people with magazines with n
sunday morning with an interview op"meet the press." we'll take a look. >>> from the david petraeus scandal to the trayvon martin tragedy. the media's performance in 2012, we'll have a report card. i'm howard kurtz and this is "reliable sources." >>> it was a striking moment when david gregory brandished that high ammunition magazine last sunday so much so we played it on this program. but that braumpted a d.c. police whether he violated the city's gun...
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but it really isn't a deal between obama and boehner. those two guys say what they want, boehner goes back to his caucus and can't get a deal. >> that's why a bipartisan majority is absolutely necessary, if the senate bill is brought to a vote on the house floor, it will be passed by a majority of democrats and some republicans, but the speaker wasted last week on a bill that had no prospect of success, in fact never even was brought to a vote and now we're down to the last few days. the deal to extend these tax cuts on everyone's first $250,000 of income, remember it's benefits people who earn more than $250,000 because it extends tax cuts on their first $250,000. so somebody earning $300,000 or $350,000 in connecticut will benefit from it. >> senator, ron brownstein wants to ask a question. >> let me play devil's advocate when the tax cuts were passed in 2001 virtually every democrat in the house and senate voted against them. why do you think it's appropriate to permanently extend the bush tax cuts for families under $250,000, in the
but it really isn't a deal between obama and boehner. those two guys say what they want, boehner goes back to his caucus and can't get a deal. >> that's why a bipartisan majority is absolutely necessary, if the senate bill is brought to a vote on the house floor, it will be passed by a majority of democrats and some republicans, but the speaker wasted last week on a bill that had no prospect of success, in fact never even was brought to a vote and now we're down to the last few days. the...
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because we're not going to come together ideologically at that meeting. >> no. and they're not unrealistic about that. the president lays out what he thinks he can get done, which is this 250 and, you know, whether there's wiggle room up to 400 and now that might not even happen, maybe, is what kevin is saying. and then unemployment benefits, an extension of that, and, you know, patch the amt. these are things he wants. and, you know, senator mcconnell, what can you do is, you know, the understanding of how this plays out. and senator mcconnell -- you know, they say, listen, we're going to take it up between us. let senators reid and mcconnell really resolve this together. and those are, as i said, two men who know how to work things out. speaker boehner stepping out of it at this point because he has not been able to produce a deal to date and it's not on his shoulders. and nancy pelosi is the one who's going to have to car ray lot of this weight if it gets anywhere in the house because she'll have to deliver a lot of votes. the president not at his maximum fru
because we're not going to come together ideologically at that meeting. >> no. and they're not unrealistic about that. the president lays out what he thinks he can get done, which is this 250 and, you know, whether there's wiggle room up to 400 and now that might not even happen, maybe, is what kevin is saying. and then unemployment benefits, an extension of that, and, you know, patch the amt. these are things he wants. and, you know, senator mcconnell, what can you do is, you know, the...
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. >>> president obama plans to send congress gun control legislation that deals with background checks on gun sales. he's prompted by the massacre in newtown, connecticut, that killed 20 children and 6 adults. speaking yesterday on "meet the press," the president said something fundamently has to change in this country. the newtown deaths can't become a routine thing. >> that was the worst day in my presidency, and that's not something i want to see repeated. >> joe biden will head a task force that will submit proposals to the president in january. >>> coming up, roses. the finishing touches being put on the floats for tomorrow's 120th tournament of roses in pasadena. the rose bowl later is going to feature stanford and wisconsin. i hoped it would be michigan. wisconsin will have to do. >>> fireworks lit up sydney harbor, beautiful, as people down under mark 2013. happy new year. city officials were expecting as many as 1.5 million people to crowd the waterfront and watch the skylight up. and christine's favorite story of the day. >>> breaking news. >> reality star kim kardashian and
. >>> president obama plans to send congress gun control legislation that deals with background checks on gun sales. he's prompted by the massacre in newtown, connecticut, that killed 20 children and 6 adults. speaking yesterday on "meet the press," the president said something fundamently has to change in this country. the newtown deaths can't become a routine thing. >> that was the worst day in my presidency, and that's not something i want to see repeated. >>...
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i should point out that the afghan leader will be meeting with president obama in washington in early january. denver is 7, we understand. what do you make of that pending visit and what that conversation will? --will be like?nuary 7 guest: it will be about the remaining forces and what rules will govern incarceration policies for insurgents that have been captured and i'm sure there are a number of other things on the agenda. but those are the primary things they will discuss. host: back to your trouavels, what our soldiers telling you about the war effort from their perspective in afghanistan? guest: i am finding extraordinary courage on the part of the soldiers. it is quite an amazing experience to be embedded with them. i hear a lot of cynical soldiers, dispirited soldiers who talk about how we are trying prop up one of the most corrupt governments on the planet. afghanistan typically ranks number two or number three as most corrupt in the world. it is no. 6 on the failed states list. the soldiers are very aware of this. there is what is called the ground reality. uth on the groun
i should point out that the afghan leader will be meeting with president obama in washington in early january. denver is 7, we understand. what do you make of that pending visit and what that conversation will? --will be like?nuary 7 guest: it will be about the remaining forces and what rules will govern incarceration policies for insurgents that have been captured and i'm sure there are a number of other things on the agenda. but those are the primary things they will discuss. host: back to...
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this afternoon at 3:00, president obama will meet with congressional leaders, for more discussion on the fiscal cliff. rhonda, from california. caller: good morning, everybody. i am just really upset. the gop has taken over our congress, they have held it since the president was in. they have destroyed main street. they have taken our jobs. they have taken our houses. now they sit and call me irresponsible. just five minutes ago, they were calling the irresponsible. i one of the most responsible people. these folks, these lawyers, that are running our government, are running us into the ground. they are manipulating us, oppressing us, committing treason as crimes against us, yet we have no voice to do anything about it. this all has to change, and they need to quit blaming main street for what they purposely have done, and i hope we can all come together and find a way through this before all of our families are destroyed. thank you, and god bless you all. host: 84 your call. welcome to c-span. caller: thank you for taking my call. .'m 67 years old recor i get $560, in disability, i
this afternoon at 3:00, president obama will meet with congressional leaders, for more discussion on the fiscal cliff. rhonda, from california. caller: good morning, everybody. i am just really upset. the gop has taken over our congress, they have held it since the president was in. they have destroyed main street. they have taken our jobs. they have taken our houses. now they sit and call me irresponsible. just five minutes ago, they were calling the irresponsible. i one of the most...
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we can meet somewhere and cut that reason somewhere in the middle. and save this country from t uncertainty, the uncertainty that plagues us right now. in the olden days -- and i say olden, a long time ago -- i was a stock stockbroker. i was an economics major and a stockbroker on wall street. the thing wall street and investors can take is uncertainty. if they know taxes are going up, they'll refigure things. if they know taxes are going down, they'll refigure things. if they know taxes are staying things, they'll figure it out. but right now they're frozen. because they don't know. and families are also in many ways frozen. they don't know whether they have to budt so that they'll have $200 -- $2,000 less next year. they don't know whether it will be $4,000. they don't know if it's ever going to change. and the uncertainty is -- is the fault of leaders who cannot get together. so i think it is critical that we get a deal. i hope it's in the next couple of hours because to me -- you know, somebody asked me, some reporter, "well, what's the differenc
we can meet somewhere and cut that reason somewhere in the middle. and save this country from t uncertainty, the uncertainty that plagues us right now. in the olden days -- and i say olden, a long time ago -- i was a stock stockbroker. i was an economics major and a stockbroker on wall street. the thing wall street and investors can take is uncertainty. if they know taxes are going up, they'll refigure things. if they know taxes are going down, they'll refigure things. if they know taxes are...
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the highlight will be president obama on nbc's "meet the press." on abc this morning, senator chuck schumer. along with jon kyl of arizona. on cbs, dick durbin and tom coburn, the republican from oklahoma. fox news this morning, on fox news sunday, senator lindsey graham, the republican from south carolina, on what senator dianne feinstein, democrat of california. it should be a busy morning on the sunday shows. back to your calls. june is waiting from wisconsin, on the independent line. good morning. host: good morning. first of all, shame on a congress, particularly the republicans who have just wanted to does -- to destroy this country. the tea party, i am so glad i am able to say this, the t stands for treason, because they have done all they possibly can to ruin america, to overthrow our government. host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people mak
the highlight will be president obama on nbc's "meet the press." on abc this morning, senator chuck schumer. along with jon kyl of arizona. on cbs, dick durbin and tom coburn, the republican from oklahoma. fox news this morning, on fox news sunday, senator lindsey graham, the republican from south carolina, on what senator dianne feinstein, democrat of california. it should be a busy morning on the sunday shows. back to your calls. june is waiting from wisconsin, on the independent...
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president obama was on "meet the press" today andy said the pressure is on congress. on friday, he was optimistic after meeting with congressional leaders, but if they cannot come up to an agreement he wants the senate to put in a bill. live coverage bomb the -- of the senate on c-span 2. returning at 2:00 p.m. eastern in the house with boats as early as 6:30 p.m. -- votes as early as 6:30. you can watch a live house coverage iran c-span. more on the fiscal cliff from this morning's "washington journal." host: our topic is the fiscal cliff. of we have done for last several sundays, we welcome the policy director for the concord coalition and a columnist for roll call newspaper. thank you for coming back. stan, as we stand on the edge of the fiscal cliff, is there any chance we do not go over? guest: we are relying on a senate that has been dysfunctional and avoided a filibuster when it will be really easy for one or more senators who do not like tax increases to just filibuster round and we are relying on a house that could not take the lead. it's important to state t
president obama was on "meet the press" today andy said the pressure is on congress. on friday, he was optimistic after meeting with congressional leaders, but if they cannot come up to an agreement he wants the senate to put in a bill. live coverage bomb the -- of the senate on c-span 2. returning at 2:00 p.m. eastern in the house with boats as early as 6:30 p.m. -- votes as early as 6:30. you can watch a live house coverage iran c-span. more on the fiscal cliff from this morning's...
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the president's eldest grandson discusses meetings with bomb survivors and the experience of the meeting through his trip on c-span3. >> as president obama begins his second term in office, what's the most important issue he should consider for 2013? >> if you're in grade six through 12, make a short video about your message to the president. >> it's c-span student cam video competition. the deadline's january -- for more information go to studentcam.org. >> i like the congressional hearings. i like auto the stuff also about the educationle stuff like all these policymaking situations i'm very interested in i think it's a great thing that washington, d.c. has all these things and c-span covers it. >> eric lowe watches c-span on comcast. c-span, created by america's cable company since 1979, brought to you as a public service by your television provider. host: brendan doherty is the author of the rise of the president's permanent campaign and he's an associate political science professor at the u.s. naval academy and is here to talk about presidents and their campaigning and fundraising.
the president's eldest grandson discusses meetings with bomb survivors and the experience of the meeting through his trip on c-span3. >> as president obama begins his second term in office, what's the most important issue he should consider for 2013? >> if you're in grade six through 12, make a short video about your message to the president. >> it's c-span student cam video competition. the deadline's january -- for more information go to studentcam.org. >> i like the...
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there is a lot of the senators who went into the meeting saying, we cannot go for this. host: we have a tweet. guest: i believe it will but not as much as everybody hoped. obama was asking for $1.2 trillion. there was a major concession on the estate tax. they ended up agreeing to a $5 million cut off and a 40% taxation rate. that is a significant chunk of revenue. host: it seems republicans are nervous as well. this is a conservative blog. "it is an enigmatic riddle for you. you get tax hikes and no spending cuts. in fact, we will spend even more as a result of this deal." guest: i think democrats are coming out on the losing end. the rates have already gone ou up. they are essentially agreeing to a tax rate and not getting any spending cuts for it. between now and around two, they will get beat up by a lot of their members. there will be sweating through this vote today. host: we have a tweet from bill king. thomas, you are on the air. caller: good morning. happy new year. we say that most of the politicians are looking down the road at the 2014 election. they had to v
there is a lot of the senators who went into the meeting saying, we cannot go for this. host: we have a tweet. guest: i believe it will but not as much as everybody hoped. obama was asking for $1.2 trillion. there was a major concession on the estate tax. they ended up agreeing to a $5 million cut off and a 40% taxation rate. that is a significant chunk of revenue. host: it seems republicans are nervous as well. this is a conservative blog. "it is an enigmatic riddle for you. you get tax...
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Dec 25, 2012
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that was helped in part by meeting other mentors. that is something you are not always taught. especially people from my background. there is no one helping you to navigate. >> it sounds like president obama should get you angry. we have time for a couple of questions for the secretary. there are some roving microphones. you often hear the strive to the top is it tougher when you're competing to get there and it is kind of brutal. .t's pretty relaxed at the top are the knives still out/ >> you are always mindful of one you are doing and making sure that you were doing everything appropriate and that you surround yourself with people that are not just all going to be happy people and say yes, yes, yes, everything is great. i want to know what the other side of the argument is and to make the best decisions. sometimes i have gone against what my advisers have told me to do and they cannot better. >> how you internalize making a mistake that is public? >> do not let it stick. >> how do you do that? that is such a talent. >> it is hard. you hear that you can be cold and you can be
that was helped in part by meeting other mentors. that is something you are not always taught. especially people from my background. there is no one helping you to navigate. >> it sounds like president obama should get you angry. we have time for a couple of questions for the secretary. there are some roving microphones. you often hear the strive to the top is it tougher when you're competing to get there and it is kind of brutal. .t's pretty relaxed at the top are the knives still out/...
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Dec 28, 2012
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the meetings include the house leaders, the senate leaders, and president obama. it started about 40 or 50 minutes ago. an administration official says that timothy geithner, the treasury secretary, is also participating. we have cameras if any of the participants should choose to speak. we have a special web page set up for all things related to the fiscal cliff. access video for the related briefings and hearings. you can follow a twitter feed for reporters and members. and we also have documents and articles. all available in one spot -- c- span.org/fiscalcliff. >> if we turn away from the needs of others, and we align ourselves with those forces which are bringing about -- >> the white house is the bully pulpit and you want to take advantage of it. >> it seems to meet this country is in nothing short of a public health crisis. >> there is so much influence in that office. it seems a shame to waste it. >> i think they serve as a window on the past to what was going on with american women. >> she is really the only woman in the world you can trust. >> a lot of t
the meetings include the house leaders, the senate leaders, and president obama. it started about 40 or 50 minutes ago. an administration official says that timothy geithner, the treasury secretary, is also participating. we have cameras if any of the participants should choose to speak. we have a special web page set up for all things related to the fiscal cliff. access video for the related briefings and hearings. you can follow a twitter feed for reporters and members. and we also have...
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Dec 29, 2012
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if no agreement can be reached, like harryt obama would reid to present a bill. the president spoke from the white house briefing room. >> good afternoon, everybody. for the past couple of months, i have been working with leaders of both parties to try to forge an agreement that would grow our economy and shrink the deficit, a balanced plan that would cut spending in a responsible way but also ask wealthy americans to pay more and protect our middle-class and everyone striving to get into the middle class. i want to get this done. it is the right thing to do for our families, businesses, and our economy, but the hour for immediate action is here. it is now. we are at the point where in four days every american's tax rates are scheduled to go up by law. every americans' paychecks will get considerably smaller. that would be the wrong thing to do for our economy, it would be bad for middle-class families, and it would be bad for businesses that depend on family spending. congress can prevent it if they act right now. i just had a good and constructive discussion he
if no agreement can be reached, like harryt obama would reid to present a bill. the president spoke from the white house briefing room. >> good afternoon, everybody. for the past couple of months, i have been working with leaders of both parties to try to forge an agreement that would grow our economy and shrink the deficit, a balanced plan that would cut spending in a responsible way but also ask wealthy americans to pay more and protect our middle-class and everyone striving to get into...
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Dec 29, 2012
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we had a constructive meeting. i hope something positive will come from that. the republican leader and i and our staffs are working to see what we can come up with. but it should not take a long time to do that. but it would be in everyone's interest if we were in session tomorrow. we have another vote that has been set up >> you were talking about sunday, right? >> yes. we're going to have another caucus a following that, and hopefully by that time we will have made a determination, senator mcconnell and i, and we can do something on the floor in addition to what i talked about. we do need that time to have everybody kind of step back a little bit. if we come up with something, it is not that easy. we're dealing with big numbers. i think it was a very positive meeting. there was not a lot of clarity in the meeting. everyone knows how important it is. -- hilarity in the meeting. everyone knows how important it is. >> i share the view of the majority leader. we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself
we had a constructive meeting. i hope something positive will come from that. the republican leader and i and our staffs are working to see what we can come up with. but it should not take a long time to do that. but it would be in everyone's interest if we were in session tomorrow. we have another vote that has been set up >> you were talking about sunday, right? >> yes. we're going to have another caucus a following that, and hopefully by that time we will have made a...